A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox.
News that Laurene Powell Jobs is investing in a new artificial intelligence “computing device” highlights her growing appetite for AI startups, according to fresh data.
Emerson Collective, Powell Jobs’ family office, investment company and philanthropy, has invested in at least nine AI-related startups since 2022, according to data provided exclusively to CNBC by Fintrx, the private wealth intelligence platform.
Emerson’s AI bets span the globe and the industry, including a New York-based AI medical company, a San Jose, California-based image analyzer, a French developer of large language models and a Norwegian creator of AI presentations used by teachers.
The dollar amounts of Emerson’s AI investments aren’t disclosed. According to Fintrx, Emerson Collective has participated in AI funding rounds totaling more than $1 billion.
A representative for Emerson Collective declined to comment.
Emerson doesn’t disclose …